Jungang D&M Signs 1.2 Billion KRW Electric Vehicle Parts Supply Contract with VCTech
[Asia Economy Reporter Kwon Jaehee] Jungang D&M announced on the 22nd that it has signed a supply contract with VC Tech for parts of 160 GTX-A train cars worth 1,215.05 million KRW.
This amount corresponds to 11.3% of the sales based on the consolidated financial statements of 2020.
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The contract period is from February 21, 2022, to December 31, 2023.
This content was produced with the assistance of AI translation services.
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